Latest news
BP to enter Southern Corridor Pipeline battle
The British oil giant, BP may consider another pipeline for the transportation of natural gas from its Shah Deniz field, in the Azeri sector of the Caspian Sea, known as the South-East Europe Pipeline, which may compete with three other potential routes as Nabucco, the Trans-Adriatic and the IGI Poseidon.
read more... 27/09/2011
GDF Suez pledges for fracturing improvement
The biggest European natural gas firm, Paris-based, GDF Suez, agrees with the French government that the hydraulic fracturing practice must be improved to protect environment, according to the head of company declarations.
read more... 26/09/2011
Russia and Ukraine seek a resolution for gas dispute
During a meeting between Russian and Ukrainian Presidents, Dmitry Medvedev and Viktor Yanukovych late on September 24, the countries discussed about a prior gas deal between the two partners, at which Ukraine tried to persuade Russia to change the terms of a gas supply deal between the two ex-Soviet nations, saying that it is paying too much under the current deal.
read more... 26/09/2011
Eni: major gas pipeline tranzaction
The Italian energy group, Eni said on Thursday that it had signed an agreement to sell to Belgian operator Fluxys G its stakes in the gas pipelines Transitgas and TENP.
read more... 23/09/2011
Huge oil field in North Sea to be sold for $1.75 billion
Apache Corp. announced on Wednesday that it will buy one of the largest oil and gas field in the UK from ExxonMobil for $1.75 billion.
read more... 22/09/2011